LONDON — European stocks inched higher on Tuesday, helped by mining giant Anglo American 's share price surge after it unveiled a merger with Canada's Teck Resources .

The pan-European Stoxx 600 was 0.1% higher at 11:34 a.m. in London (6:34 a.m. ET), with France's CAC 40 index adding 0.4%. Investors in the region are also focused on further political turmoil in France after the ousting of Prime Minister Francois Bayrou on Monday.

'Merger of equals'

London-listed shares of Anglo jumped 9.6% after it was announced that the firm had agreed to merge with Toronto-listed Teck Resources to create one of the world's top five copper producers.

Teck Resources shares traded in Frankfurt were last seen trading 12.5% higher.

The new company, whic

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